(DIVO) Amplify CWP Enhanced - Ratings and Ratios

The Amplify CWP Enhanced Dividend Income ETF (NYSE ARCA: DIVO) is a non-diversified exchange-traded fund (ETF) that primarily focuses on generating income through dividend-paying U.S. equity securities and an option strategy. Under normal market conditions, the fund allocates at least 80% of its net assets to dividend-paying U.S. exchange-traded equity securities. To enhance returns, the fund employs an option strategy involving the writing of U.S. exchange-traded covered call options on the equity securities it holds. This approach aims to generate additional income from option premiums while maintaining exposure to the underlying equities.

As of the latest data, the fund has assets under management (AUM) of $4.045 billion, with an average 20-day trading volume of 611,900 shares. The funds last price was $39.65, with key technical indicators showing a 20-day simple moving average (SMA) of $39.28, a 50-day SMA of $40.32, and a 200-day SMA of $40.07. The Average True Range (ATR) is 0.87, indicating moderate price volatility. The fund is categorized under the Derivative Income ETF segment, reflecting its use of options strategies to optimize income generation.